Tariff quotas for rice, dried tobacco imported from Cambodia announced
Illustrative image (Source: VNA)
The Ministry of Industry and Trade (MoIT) has issued a circular stipulating the import of rice and dried tobacco leaves originating from Cambodia under tariff quotas for 2021 and 2022.
Circular No. 06/2022/TT-BCT specifies import quotas for rice and dried tobacco leaves originating from Cambodia that are entitled to special preferential import tax rates in Vietnam for the two years.
The total import tariff quotas in 2021 and 2022 from Cambodia for rice of all kinds is 300,000 tonnes per year (for paddy, the conversion rate is 2kg, equal to 1kg of rice), while the import tariff quotas for dried tobacco leaves is 3,000 tonnes per year.
The document says in order to enjoy the special preferential import tax rate, the products must have a Certificate of Origin form S issued by the Cambodian Ministry of Trade or an authorised agency, and their customs clearance procedures must be conducted at the border gate pairs specified in Appendix No. 2 attached with this circular.
For dried tobacco leaves, importers must show a licence to import raw tobacco under tariff quotas issued by the MoIT in accordance with Decree No. 69/2018/ND-CP dated May 15, 2018.
Circular No. 06/2022/TT-BCT will take effect from April 15 to the end of December 2022./.
Related News
Mobilizing finance for the low-emission rice value chain
10:42 | 28/09/2024 Import-Export
Mobilizing finance for low-emission rice value chains
09:33 | 11/09/2024 Import-Export
Tax increase for alcohol, beer, tobacco should go with combat against smuggling and tax evasion
09:35 | 11/09/2024 Regulations
Rice exports to China drop sharply
08:03 | 20/06/2024 Import-Export
Latest News
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
More News
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export
Shrimp exports surge in 10 months, generating 3.2 billion USD
14:27 | 21/11/2024 Import-Export
Vietnam’s exports to the U.S. near US$100 billion milestone
09:46 | 21/11/2024 Import-Export
From the “abnormal” coffee price, worries about the new crop
09:46 | 21/11/2024 Import-Export
What obstacles limit the market share of Vietnamese goods in the UK?
14:49 | 20/11/2024 Import-Export
Why seafood exports to some Middle Eastern Countries are stalled
14:47 | 20/11/2024 Import-Export
Storm No. 3 destroys profits of many insurance companies
14:45 | 20/11/2024 Import-Export
Vietnam, Malaysia eye golden partnership opportunities in Halal industry
14:44 | 20/11/2024 Import-Export
Tra fish sector aiming for production, processing greening for sustainable development
14:41 | 20/11/2024 Import-Export
Your care
VN's food processing industry struggles to improve quality and value chain integration
15:53 | 22/11/2024 Import-Export
Approach strategy of the seafood industry when implementing UKVFTA
09:26 | 22/11/2024 Import-Export
Mid-November: Vietnam's trade volume matches 2023 total, eyes record-breaking growth
09:25 | 22/11/2024 Import-Export
Vietnamese enterprises facing challenges from cross-border e-commerce platforms
14:32 | 21/11/2024 Import-Export
Vietnam, Malaysia eye new milestone in trade ties
14:29 | 21/11/2024 Import-Export